Mellem

Overview

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Sector

Development
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Investment date

December 2018
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Fund

Fiera Real Estate
Opportunity Fund II

This project represents the first iteration of the MELLEM concept and is planting roots in the peaceful, vibrant, and safe area of Brossard on the shores of the St-Laurent River. The project will be at the forefront of ESG, including a focus on supporting the local economy and a large communal garden where classes about urban agriculture will be available as well as car/bike-sharing services that will be available to residents.

Final FMV at completion 

$87,000,000


Features 

  • Rental apartment project totalling 254 units located in Brossard.
  • Development partnership with Maître Carré and TGTA.

Purchase Rationale 

  • Build to Sell